Speaking in an interview withon Thursday, the Rosenberg Research chief said a recession is certain to hit the world's largest economy and US stocks will dip back into a bear market when that happens.
He also ripped into the Federal Reserve for its"Bambi-to-Godzilla" approach toward inflation - where the central bank initially didn't react to a pickup in price pressures, only to end up raising interest rates by 500 basis points in 15 months subsequently.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Samantha McLemore, who worked with Bill Miller for 20 years, finds value in these 2 stocksSamantha McLemore, Bill Miller's longtime co-manager who struck out to start her own fund, has her eyes on some of the most hated stocks in the market.
Källa: CNBC - 🏆 12. / 72 Läs mer »
Stocks making the biggest moves midday: Dollar Tree, Amazon, FedEx and moreThese are the stocks posting the largest moves in midday trading.
Källa: CNBC - 🏆 12. / 72 Läs mer »
China's Floundering Economy Triggers Plunge in Global Stocks and Oil PricesStocks and futures dropped across Asia, Europe, and the United States on Tuesday due to growing anxiety about the Chinese economy and the Communist regime’s refusal to deal honestly with its systemic problems.
Källa: BreitbartNews - 🏆 610. / 51 Läs mer »
U.S. stocks open lower as Fed Powell testimony loomsU.S. stock indexes opened lower on Wednesday after posting back-to-back losses as investors weighed Federal Reserve Chair Jerome Powell’s latest comments on...
Källa: MarketWatch - 🏆 3. / 97 Läs mer »
Stocks close lower for third straight day, Nasdaq drops 1% as investors' optimism wanes: Live updatesThe S&P 500 was lower Wednesday as investors took a breather from last week’s market rally, and weighed Powell’s latest comments on inflation. The Dow shed 0.30%. The S&P 500 fell 0.52%. The Nasdaq plunged 1.21%.
Källa: CNBC - 🏆 12. / 72 Läs mer »